256
256
Dec 27, 2012
12/12
by
CNBC
tv
eye 256
favorite 0
quote 0
president obama has been in the october due to a cough. his doctors remain cautiously optimistic about his condition. >>> samsung is now taking on issues with shoes in the u.s. >>> welcome back. we're keeping an eye on the strong winter storm that pounded the midwest and southeast and is now thrashing the northeast. it knocked out power to homes in days, a lot of them in arkansas. it has created havoc on the roads and at airports. flightaware.com says more than 1500 flights have been canceled since tuesday. reynolds wolf joins us now. reynolds, my family is headed back in a couple of days. are they going to make it in? >> oh, my goodness. it's going to be a tough time for people in the northeast. this storm, affecting so many millions of americans. today we'll have wind, rain and snow. buffalo could see up to a fought of snow. southeast, cool and try for the most part. snow possible in the sierra nevada. in parts of the pacific northwest, you might see rain in the valleys, but high aloft it's mainly going to be snow. in terms of air travel
president obama has been in the october due to a cough. his doctors remain cautiously optimistic about his condition. >>> samsung is now taking on issues with shoes in the u.s. >>> welcome back. we're keeping an eye on the strong winter storm that pounded the midwest and southeast and is now thrashing the northeast. it knocked out power to homes in days, a lot of them in arkansas. it has created havoc on the roads and at airports. flightaware.com says more than 1500 flights...
74
74
Dec 26, 2012
12/12
by
CNBC
tv
eye 74
favorite 0
quote 0
president obama is coming back early as you mentioned, from his vacation in hawaii, but a senior white house official tells me they have seen no signs yet of progress toward a deal, so, everybody is going to have to wait for a couple of days. >> so, there's no indication at this point that there are any scheduled meetings tomorrow or anything to that effect, press conferences, news conferences to update the american people on what is going on in d.c.? >> everybody's got telephones, so, there's doubtless conversations going on. senate doesn't get back until late tomorrow. president gets back late tomorrow. the house is not back, but all of the leadership types, all the important players in any potential resolution of this are going to be in contact with one another and the likelihood that they will be in contact increases with every passing hour. >> john, stick around. i want to bring in anthony, who is on the desk here tonight. he was on the finance committee for mitt romney in his presidential bid. and what your sources are telling you is what in terms of if we reach a deal. >> i've t
president obama is coming back early as you mentioned, from his vacation in hawaii, but a senior white house official tells me they have seen no signs yet of progress toward a deal, so, everybody is going to have to wait for a couple of days. >> so, there's no indication at this point that there are any scheduled meetings tomorrow or anything to that effect, press conferences, news conferences to update the american people on what is going on in d.c.? >> everybody's got telephones,...
128
128
Dec 28, 2012
12/12
by
CNBC
tv
eye 128
favorite 0
quote 0
obama not buying anything newnew. anybody buying the dips had to puke them out. that's exactly what happened. professional traders, most of which have been in this week, most others on the sideline, you've bought vix protection, done pretty well as a helping but that's a great display of what happened. >> do you just not want to go into the weekend long, expecting a miracle? >> well, if i had to be forced in, forced into long positions on the selloffs on this kind of day i'd rather be long quite frankly than short against what might happen in washington. rather not have any position, but i'd rather be long than short. >> this has been a market that has shown resilience. >> right. >> with all the uncertainty out there to this point. could that change come monday if after the house meets on sunday night we still don't have a deal at that point? what do you think? >> being long is not a good position to be in, but that being said, if there's any indication of some hope, i think that the short position is going to get squeezed pretty hard, the same on monday. a
obama not buying anything newnew. anybody buying the dips had to puke them out. that's exactly what happened. professional traders, most of which have been in this week, most others on the sideline, you've bought vix protection, done pretty well as a helping but that's a great display of what happened. >> do you just not want to go into the weekend long, expecting a miracle? >> well, if i had to be forced in, forced into long positions on the selloffs on this kind of day i'd rather...
172
172
Dec 27, 2012
12/12
by
CNBC
tv
eye 172
favorite 0
quote 0
president obama has proposed something. look we have agreement in both parties that we don't want taxes to go up at least for the people who make 250,000 dollars or less. we want to do something about the amt. both sides agree with that. let us at least pass a bill to deal with that. the senate passed a bill back in july. why can't the house just confirm that? >> oh, come on because the senate is a joke. they haven't even been able to pass a budget in over three years. come on. >> the senate passed a deal in july that dealt with the amt. it dealt with dividends and capital gains and it dealt with the, the fundamental issue of the tax rates. so i mean -- >> no, it dealt with the -- >> -- won't go up. >> i mean, let's have some consensus. let's at least agree on the things that we agree on, and then work on the more troubling issues afterwards. >> i saw annie yesterday, keith, and daddy warbucks had that same hairstyle. i think it's very compelling. i think -- >> i don't know if i'd call it a hairstyle. >> but it's a power, d
president obama has proposed something. look we have agreement in both parties that we don't want taxes to go up at least for the people who make 250,000 dollars or less. we want to do something about the amt. both sides agree with that. let us at least pass a bill to deal with that. the senate passed a bill back in july. why can't the house just confirm that? >> oh, come on because the senate is a joke. they haven't even been able to pass a budget in over three years. come on. >>...
252
252
Dec 27, 2012
12/12
by
CNBC
tv
eye 252
favorite 0
quote 1
obama returning from holiday early? is he a man that this is irrelevant? and the market has a bit [ inaudible ] >> couldinged market is not reading this right, could be the president is coming back for strictly symbolic purposes and don't, in fact, get a deal going into new year's eve. we just don't know at this point. and there's a lot riding on this, on advice yowly, that we can't see from here how we are going to get this deal by monday, what's going to be required is these guys are going to have to come to a deal behind closed doors and announce it publicly, it is going to have to survive the vetting it gets publicly and then it's going to have the votes in both the house and the senate, which are very different bodies, one controlled by republican, the other controlled by democrats and that's going to be a very dicy thing to do but it's going to be a moment of high drama if we get a between now and monday. >> his point about proceed yours is a good one. the president spoke to the business roundtable the other day as you recall, eamon, even if you got
obama returning from holiday early? is he a man that this is irrelevant? and the market has a bit [ inaudible ] >> couldinged market is not reading this right, could be the president is coming back for strictly symbolic purposes and don't, in fact, get a deal going into new year's eve. we just don't know at this point. and there's a lot riding on this, on advice yowly, that we can't see from here how we are going to get this deal by monday, what's going to be required is these guys are...
70
70
Dec 26, 2012
12/12
by
CNBC
tv
eye 70
favorite 0
quote 0
you have obama coming back from his vacation to deal with the fiscal cliff. we have low volume situation which moves a little bit more exaggerated. i'm not putting a lot of stock into this move. i think it's a little overdone. >> jim, good to see you for a second time today. you're looking at the chart of crude. technically speaking how important is the move in your view? >> well, this is funny. you started out the conversation with saying how significant is the move? that's what i've been dealing with all day. you look at the chart. we've been in a pretty well defined trend channel for a month or so. right now we've come to the top of it. the market is telling us the news out of the middle east and the news on the fiscal cliff is a pretty big deal. now it's decision time. is it big enough to take it above 91.25 and settle there? if it can't do that, it will be considered a failure. i want to be short oil and i think 8620 would be the downside. >> on the up side we're watching 9125. now you know what our guys are doing. are you buying or selling crude surge t
you have obama coming back from his vacation to deal with the fiscal cliff. we have low volume situation which moves a little bit more exaggerated. i'm not putting a lot of stock into this move. i think it's a little overdone. >> jim, good to see you for a second time today. you're looking at the chart of crude. technically speaking how important is the move in your view? >> well, this is funny. you started out the conversation with saying how significant is the move? that's what...
151
151
Dec 26, 2012
12/12
by
CNBC
tv
eye 151
favorite 0
quote 0
but president obama coming back from vacation in hawaii. that's an indication that some kind of deal -- however small -- is definitely coming. i want to point out, and i know you've been negative on this mastercard data on retail sales, and everybody thinks it's going to be a mess for the holiday season. i want to point out that the stocks are not acting that way. that this is a disaster for the season. the s&p retail index hit an historic high on december 3rd. historic high. since then, it has only been down about 3%. these stocks are not acting like there's a disaster. i can give you several reasons why they're not down so far. number one, we are going to see eps growth in the fourth quarter from some of them because of the extra week that there is. number two, we've had much lower cotton costs this year. their overall costs are lower. that's helping their earnings. number three, inventory levels are much lower. and that's going to help their gross margins. number four, we had pretty good gdp numbers in q-3. number five, home prices are i
but president obama coming back from vacation in hawaii. that's an indication that some kind of deal -- however small -- is definitely coming. i want to point out, and i know you've been negative on this mastercard data on retail sales, and everybody thinks it's going to be a mess for the holiday season. i want to point out that the stocks are not acting that way. that this is a disaster for the season. the s&p retail index hit an historic high on december 3rd. historic high. since then, it...